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what will be the journal entry-discount rs 2000 allowed to
mr x.and discount received rs 2000 from mr x.actually i am
confused that in the first entry both discount a/c and mr x
a/c will be credited as per the accounting standards.please
help experts.thanks

Answer Posted / chandra

Discount A/C Dr. 2000
To X 2000

Is This Answer Correct ?    4 Yes 2 No



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